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Loreto Inc. has the following financial ratios: asset turnover = 2.20; net profit margin (ie, net income/sales) = 6%; payout ratio = 30% equity/assets=0.50 a.

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Loreto Inc. has the following financial ratios: asset turnover = 2.20; net profit margin (ie, net income/sales) = 6%; payout ratio = 30% equity/assets=0.50 a. What is Loreto's sustainable growth rate? b. What is its internal growth rate? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) a Sustainable growth rate Internal growth rate % % b

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